Period costs are consumed entirely in the current reporting period
Indicate whether the statement is true or false
T
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Conflict, red tape, and highly political environments are all examples of what type of stressor?
A. task B. hindrance C. challenge D. obstruct
Training interventions which are enacted to fill a ‘gap’ in current capability is referred to as:
a. deficit-led b. failure-led c. problem-led d. issue-led
At a local retail store, Randi saw a bag of daffodil flower bulbs and a box of plant fertilizer. The items, which were sold together, retailed at $28.50 but were marked down to $19.99. The $19.99 is the:
a. revenue. b. price. c. profit. d. liquidity value.
On January 1, 20X2, Pint Corporation acquired 80 percent of Size Corporation for $200,000 cash. Size reported net income of $25,000 each year and dividends of $5,000 each year for 20X2, 20X3, and 20X4. On January 1, 20X2, Size reported common stock outstanding of $160,000 and retained earnings of $40,000, and the fair value of the noncontrolling interest was $50,000. It held land with a book value of $90,000 and a market value of $100,000, and equipment with a book value of $40,000 and a market value of $48,000 at the date of combination. The remainder of the differential at acquisition was attributable to an increase in the value of patents, which had a remaining useful life of eight years. All depreciable assets held by Size at the date of acquisition had a remaining economic life of
eight years. Pint uses the equity method in accounting for its investment in Size.Based on the preceding information, what balance would Pint report as its investment in Size at January 1, 20X5? A. $248,000 B. $260,000 C. $236,000 D. $300,000